Management Accounting Assignment Answers MANCOSA

Calculate Anne’s remuneration for 15 April 2022. The normal wage of Anne is R200 per hour and her normal working day comprises 9 hours. The standard production time for each employee is 10 minutes per unit. On 15 April 2022, Anne’s production was 60 units. Using the Halsey bonus system, a bonus of 50% of the time saved is given to employees. 1.2 REQUIRED Calculate the […]

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Pick n Pay posts 5% increase in sales assignment answers

Pick n Pay posts 5% increase in sales – with strong growth in clothes, booze Pick n Pay grew its sales by more than 5% over the past year, with its clothing division seeing 21% growth and the group’s liquor sales increasing by more than 57%. The latter is despite the loss of 66 liquor trading days due to alcohol sales bans. In the previous […]

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The Satyam Scandal – An Auditing Approach Assignment Answers

The Satyam Scandal Satyam Systems, a global IT company based in India, has just been added to a notorious list of companies involved in fraudulent financial activities, one that includes such names as Enron, WorldCom, Societe General, Parmalat, Ahold, Allied Irish, Bearings and Kidder Peabody. Satyam’s CEO, Ramalingam Raju, took responsibility for broad accounting improprieties that overstated the company’s revenues and profits and reported a […]

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Financial Reporting and Analysis Assessment Answers

Question 1: The trial balance, adjustments and additional information given below were extracted from the accounting records of Whetstone Stores on 28 February 2022, the end of the financial year. WHETSTONE STORES PRE-ADJUSTMENT TRIAL BALANCE AS AT 28 FEBRUARY 2022   Debit (R) Credit (R) Balance sheet accounts section     Capital   3 759 100 Drawings 310 000   Land and buildings 2 840 […]

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Mango Airlines’ dire financial situation is revealed as business rescue looms

“Sucked dry: For the first time, Mango Airlines’ dire financial situation is revealed as business rescue looms” By Ray Mahlaka• 27 July 2021 Mango, a state-owned airline, last recorded a profit in 2018 despite several efforts by the board and management to turn its fortunes around. The low-cost airline plunged into a loss of R497-million in 2020, a disruptive year for the wider aviation industry […]

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Insights Done Right: How Market Research Gave Lego a Facelift Assignment

Insights Done Right: How Market Research Gave Lego a Facelift Countless companies have been transformed by market research. As the consumer market grows in competition and diversity, market research has been a vital tool in pursuing new niches and improving products and services. One of the most standout examples of a company being transformed by market research is the beloved toy brand Lego. They were […]

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Takealot is an Online Shopping Platform Assignment Answers

Takealot is an online shopping platform, or online marketplace designed to provide a wide range of consumer products. The company’s business model is built on an online marketplace that offers a variety of products such as games, music, accessories books and items in lifestyle categories to name a few. Founded in 2010, with about 2000 employees Takealot is South Africa’s largest online retailer. As a […]

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Shoprite posts strong results, says it won’t reopen six stores gutted by looters

Shoprite posts strong results, says it won’t reopen six stores gutted by looters The Shoprite group has reported a strong set of results, with its gross profit margin improving by 55 basis points to 24.5%. Its Checkers business grew sales in South Africa by almost 11 % in the past year to 4 July, with more than 1.5 million downloads of its Checkers Sixty60 delivery […]

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Advanced Strategic Marketing Management Assignment

The South African Post Office’s (SAPO)  The dwindling volume of mail due to usage of the Internet and through competition from private couriers poses a threat to the South African Post Office’s (SAPO) long-term survival. As a consultant specialising in turning businesses around you have been assigned to resuscitate the once glorified SAPO business operation. Answer ALL the questions in this section. Question 1 (25 […]

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Walmart’s HRM: Training, Performance Management Assessment Answers

A Walmart store in Mexico City, Mexico. Walmart’s human resource management addresses employee training and performance management to enhance HR capacity, effectiveness and efficiency. Walmart’s employee training and performance management are determinants of the company’s human resource management capability in supporting global expansion. As the company expands, so do its HR needs for specific knowledge, skills and abilities for a truly global workforce. Walmart’s training […]

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